College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford University of Louisville?

Concerned about paying for college? Take a look at UofL’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $15,132 & $46,024

Worried about paying the full cost of $46,024 to attend University of Louisville? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Kentucky, the university offers a discount of 57.3% off tuition and fees. Also, 95.7% of freshmen receive some form of financial aid, with the average amount totaling $10,830. Students from low-income families receive an average of $14,546 in aid during their first year.

Cost for Residents of Kentucky (no aid)

Tuition and fees$12,162
+ Room and board$9,754
+ Other expenses$7,762
Total cost$29,678
Affordability Score (41 out of 100)
more expensive
less expensive

Net Price for Residents of Kentucky (with average aid)

Total cost$29,678
- Grants and scholarships$10,830
Net price$18,848
Affordability Score (48 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Kentucky

Total cost$29,678
- Grants and scholarships$14,546
Net price$15,132
Affordability Score (55 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$28,508
+ Room and board$9,754
+ Other expenses$7,762
Total cost$46,024
Affordability Score (22 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$46,024
- Grants and scholarships$10,830
Net price$35,194
Affordability Score (12 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$46,024
- Grants and scholarships$14,546
Net price$31,478
Affordability Score (10 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at UofL.

Projected Costs Between $59,393 and $276,807 For a Four Year Degree. Between $29,857 and $135,054 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend University of Louisville in 2020 - 2021 was $29,678. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.7% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $31,302 during their first year. By their senior year, that cost will be approximately $33,907, for a bachelor degree candidate ($32,147 for an associate degree candidate) for a total of $130,372 over the course of four years ($63,450 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $200,445 based on a yearly growth rate of 2.4%. The expected two-year cost is $97,797.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at University of Louisville

Cost With Interest for Residents of Kentucky

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.6%2.7%
Freshman year$14,969$20,229$31,302
Senior year$14,888$20,958$32,147
Total 2-year net price$29,857$41,187$63,450
10-year loan interest @ 6.8%$11,374$15,691$24,172
Total monthly payment$344$474$730
Total amount paid$41,232$56,878$87,622
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.6%2.7%
Freshman year$14,969$20,229$31,302
Senior year$14,728$22,494$33,907
Total 4-year net price$59,393$85,393$130,372
10-year loan interest @ 6.8%$22,626$32,532$49,667
Total monthly payment$683$983$1,500
Total amount paid$82,019$117,925$180,039

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.2%2.4%
Freshman year$32,962$37,504$48,307
Senior year$33,730$38,716$49,490
Total 2-year net price$66,692$76,220$97,797
10-year loan interest @ 6.8%$25,407$29,037$37,257
Total monthly payment$767$877$1,125
Total amount paid$92,099$105,257$135,054
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.2%2.4%
Freshman year$32,962$37,504$48,307
Senior year$35,320$41,257$51,945
Total 4-year net price$136,528$157,443$200,445
10-year loan interest @ 6.8%$52,012$59,980$76,362
Total monthly payment$1,571$1,812$2,307
Total amount paid$188,540$217,423$276,807

Visit net price and financial aid to learn more about the total cost of attending University of Louisville.

Further Questions to Consider

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